North Macedonia Forecast
Trend-model estimates (v0), generated from the historical series. Research only — labeled model output, not advice. Method: linear trend extrapolation of recent history; point estimates only, no confidence intervals. Model output, never observed data.
GDP
| GDP | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| GDP | 19.10 | 18.82 | 19.73 | USD Billion |
| GDP Annual Growth Rate | 3.49 | 3.35 | 3.59 | percent |
| GDP per Capita | 10489.93 | 10400.15 | 10939.74 | USD |
Government
| Government | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| Government Net Lending/Borrowing | -4.34 | -6.05 | — | percent of GDP |
Labour
| Labour | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| Population | 1.82 | 1.80 | 1.79 | Million |
| Unemployment Rate | 12.26 | 10.04 | 8.85 | percent |
Money
| Money | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| Foreign Exchange Reserves | 5.80 | 5.94 | 6.28 | USD Billion |
| Lending Interest Rate | 5.42 | 5.22 | 5.18 | percent |
Prices
| Prices | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| Inflation Rate | 4.07 | 8.33 | 9.13 | percent |
Trade
| Trade | Actual (annual) | 2026 | 2027 | Unit |
|---|---|---|---|---|
| Current Account to GDP | -4.27 | -3.68 | -3.92 | percent of GDP |
| Exports | 11.39 | 12.03 | 12.63 | USD Billion |
| External Balance (Goods & Services) | -2.63 | -2.74 | -2.88 | USD Billion |
| Imports | 14.02 | 14.77 | 15.51 | USD Billion |